Alibaba's Streaming Plans In China Could Spoil Netflix's

Netflix, beware. Over the weekend, China's biggest online commerce company, Alibaba Group Holding Ltd., announced plans to create its own video streaming site called Tmall Box Office, or TBO.

The company, best-known for its global trade website, will provide Chinese viewers with foreign and local film and TV content, as well as some original content when it says the site launches in just two months.